Rumor: Ferrell will become a free agent again only a day after reportedly agreeing to a two-year deal with the Mavs. Ferrell's agent says he felt "uncomfortable," but there was no further explanation as to why a new contract wasn't signed.

Rumor: Anthony was traded to the Hawks as part of a deal involving the Thunder and 76ers, but he won't be staying in Atlanta. Atlanta is expected to waive Anthony, making him a free agent and paving the way for him to sign with the Rockets.

Reported by: David Aldridge

It should surprise no one that @carmeloanthony has been telling people for more than a week that he’ll ultimately wind up with the Rockets, per league source.

Rumor: The Rockets reportedly offered Capela a deal in the four-year, $60 million range, not particularly close to what the restricted free agent expected. Capela is looking for a four-year, $100 million contract similar to the extension Steven Adams signed with the Thunder.

Forward Jonas Jerebko plans to sign with the Golden State Warriors upon clearing waivers on Monday, league sources tell ESPN. Jerebko has a $4.2M salary that would need to be guaranteed if he's claimed.

Rumor: In search of some tax relief, the Nuggets will send Chandler to the Sixers, who can bring the forward into their cap space. Chandler averaged 10.0 points and 5.4 rebounds per game last season while shooting 35.8 percent from 3-point range.

Reported by: Adrian Wojnarowski

Denver has traded Wilson Chandler and a draft consideration to the 76ers, league sources tell ESPN. Chandler will be absorbed into the Sixers space.

Free agent guard Seth Curry has agreed to a two-year deal with the Portland Trail Blazers, league source tells ESPN. Deal -- which guarantees him $2.75M this year -- includes a player option on second season.

Rumor: The Lakers freed up cap space by renouncing Randle, making the forward an unrestricted free agent. However, some of that space quickly disappeared with Los Angeles adding Rondo on a one-year deal. It doesn't seem like the Lakers are done making moves just yet.

Reported by: Adrian Wojnarowski, Shams Charania

The Lakers have renounced Julius Randle, making him an unrestricted free agent, league source tells ESPN.

Rumor: There have been rumors surrounding the Lakers and multiple stars for quite some time, but the Sixers should not be ignored. Philadelphia already has a group meeting with LeBron James' agent, and now a trade for Leonard could be coming. Nothing is close to being finalized at the moment, but reports suggest Philly is confident it can acquire Leonard.

Reported by: Marc Stein, Adrian Wojnarowski

Among the Sixers' planned top selling points to LeBron James' agent Rich Paul today: Philly believes it still has a real chance to win the Kawhi Leonard trade sweepstakes, league sources say

Rumor: The Lakers could be more aggressive in their pursuit of Cousins with Paul George off the board. The Pelicans would obviously love to have Cousins back working down low with Anthony Davis, but it will be interesting to see how much these teams are willing to spend on a big man coming off a brutal injury.

Reported by: Marc Spears

New Orleans Pelicans All-Star free agent center DeMarcus Cousins received calls from the Pelicans and Los Angeles Lakers tonight once free agency began and is expected to have meetings scheduled with both teams soon, a source told ESPN's The Undefeated.

The Timberwolves began free agency by informing star guard Jimmy Butler that they intend to offer him a maximum contract extension valued in the four-year, $110 million range as soon as he's eligible to sign the deal on July 9, league sources say

DeAndre Jordan and the Dallas Mavericks have verbally agreed on a one-year deal approaching the $24.1 million option with the Clippers for next season that Jordan relinquished Friday, according to league sources

Rumor: The Suns are looking at 3-and-D specialist Trevor Ariza in free agency as well as shooting guard Avery Bradley and power forward Julius Randle. Phoenix has some money to spend, so look for this team to be active.

Reported by: Kevin O'Connor

The Suns are interested in Rockets free agent forward Trevor Ariza, per sources. Avery Bradley and Julius Randle also mentioned as targets. The Suns can create around $18 million in salary cap space.

DeAndre Jordan and the Dallas Mavericks have scheduled a 12:01 a.m. meeting to immediately launch into free-agent negotiations and are expected to quickly reach terms on a new deal tonight, according to league sources.

Sources close to DeAndre Jordan say he is eager to join the Mavericks and has made that known to some of his potential new teammates, having declined his $24.1 million option with the Clippers for next season to ensure he had the ability to land in Dallas https://t.co/NGUWhJKKHX

Rumor: With Paul George closer to staying in Oklahoma City, the Lakers may chase Cousins. The four-time All-Star is coming off an Achilles injury, so a short-term deal with less risk could make sense for Los Angeles.

Reported by: Kevin O'Connor

DeMarcus Cousins sounds like an increasingly likely target for the Lakers on a short-term max contract now that it appears Los Angeles will lose out on Paul George, per league sources. In January 2017, LeBron James called Cousins "the best big man in our game."